Koinexpert Arbitrage Services

Navigate cryptocurrencies + earn extra income

register for more info
referral code:capetownmagazine
 
https://www.koinexpert.com
ardi@koinexpert.com
@koinexpert
@koinexpert

Navigate cryptocurrencies + earn extra income

Arbitrage trading explained by Koinexpert

Last updated: Monday, 30 August 2021

The exciting new world of cryptocurrencies offers great opportunities for earning a passive income, and Koinexpert, a company specialising in trading on these markets, can help you achieve this goal.

Koinexpert Arbitrage Services (KAS) was founded by South Africans Ardi Coetzee, Nico Lourens and Nielbert Schmidlin, who’ve been using arbitrage trading – when a currency is bought at a lower rate on one market and sold at a higher one on another – since 2016. 

Having made a profit, the owners of Koinexpert wanted to give other people without the expertise the opportunity to do the same, and help you navigate crypto arbitrage.



WHAT IS ARBITRAGE TRADING EXACTLY?

Arbitrage trading is buying and selling the same currency on two different markets at different prices. For example, says Ardi, cryptocurrencies in South Africa are more expensive than overseas, so by buying them abroad and selling locally it’s possible to make a profit. This can be done across various currency pairs when clients utilize Koinexpert’s technology, which facilitates simultaneous buying and selling to reduce overall risk.
 

WHAT DOES KOINEXPERT DO?

It trades on international and local cryptocurrency markets using the arbitrage principle in order to generate short-term financial gains. 

“Arbitrage is a simple concept that can allow just about anyone to make extra cash and we've seen it help countless people,” says Ardi. Years of experience helped Ardi develop rock-solid trading software, and Nico designed the platform, which monitors many exchanges and several trading pairs 24/7. 

This means it can identify high arbitrage opportunities and execute trades immediately. “In short, KAS is a system built to automatically execute arbitrage trades. The process includes an Authorised Financial Services Provider, crypto exchanges and trading software,” says Ardi.

Koinexpert's team includes two compliance officers whose job it is to ensure all dealings are transparent and comply with current and future legislation. They also use the services of various well-known legal, forex intermediary and banking partners.

CAN I TRADE MYSELF? 

The short answer is yes, but it requires a great deal of experience and expertise – and time – to monitor markets and it’s increasingly difficult to make a profit. “In the past, this was easy to do by yourself because the margins were big (over 5%),” says Ardi. “Nowadays margins are less than that and it has become increasingly riskier to profit from this price difference without software provided by companies like Koinexpert.” 

IS ARBITRAGE TRADING RISKY? 

All trading carries some risk, however automation has resulted in mitigating some of these risks. For example, Koinexpert’s software has been designed to reduce risk by buying and selling in split seconds when arbitrage opportunities are favourable. Plus it operates 24/7, meaning markets are constantly monitored and opportunities identified.

It’s worth noting that Koinexpert has generated profits of up to 5% for certain traders on certain days and has not made a single loss since it began trading in December 2020. The company is so confident in its ability to execute profitable trades that if a trade is not profitable (or a loss is made), no service fee is charged. You can check out how its trades have performed over the last 90 days.

Koinexpert


IS ARBITRAGE TRADING LEGAL?

Yes, South Africans can own and trade cryptocurrencies according to SARB regulations. In addition, Koinexpert follows all regulatory prescripts related to cryptocurrency assets. Although the company is not licensed to provide financial advice according to the Financial Advisory and Intermediary Services Act of 2002, it can offer its expertise in navigating the cryptocurrency markets to those who appreciate the risks. Furthermore, Koinexpert is ensuring all business practices are compliant so that it can apply for its FSP license as soon as the regulator creates a category for crypto-related businesses.

Koinexpert

HOW DO I SIGN UP? 

The process, from joining to trading and receiving the returns, is streamlined and requires little from clients, says Ardi. “We built a system where clients onboard using world-class KYC (Know Your Client) and AML (Anti-money Laundering) systems; it facilitates forex payments via our Registered Financial Service Provider partners and then trades client funds back from overseas via crypto and thus make a profit for the client.”

All you need to do is register (it’s free), create an account and then the process begins. It takes just a minute to register and get started. Use referral code: capetownmagazine. You could also sign up through the competition below. For questions send an email to helpdesk@koinexpert.com.

WHAT ARE THE REQUIREMENTS?

In order to make use of Koinexpert’s services you will need to be a South African resident over the age of 18, have a good standing tax compliance status with SARS, and have a minimum R100 000 trading capital (smaller trades mean lower profits and more risk). The money put down is used to buy US dollars (using a forex intermediary) that Koinexpert then uses to trade.

Once the trade is complete, your original capital is returned to you with the profit (minus Koinexpert’s service fee). “Our terms of service specify that we won't charge a service fee if a client's trade makes a loss, but we've been known to waive fees at our discretion even if a profit is made, simply as a courtesy to clients who's trades have not done as well as others,” says Ardi.

Koinexpert

WANT TO MAKE BIGGER PROFITS? 

The maximum cap on South Africa’s exchange control (put in place by the SA Reserve Bank) is a single discretionary allowance (SDA) of R1 million per year (so if you’ve already sent this money abroad, your limit has been reached and you wouldn’t be able to use Koinexpert’s services that year). 

However, it is possible for an individual to apply for a Foreign Investment Allowance (FIA) of R10 million every year. Koinexpert has partnered with a registered credit provider in order to offer a product that enables its clients to apply for the full FIA annually. 

ARBITRAGE TRADING: HOW DO I START?

It takes just a minute to register and get started. Read about how it works on their website: koinexpert.com

Or contact: ardi@koinexpert.com or helpdesk@koinexpert.com

You can also follow them on Facebook and Twitter.

For Further reading

Know a small business that needs a boost? Here’s how you can help them.

Nominate a small business and put it in the spotlight it deserves.

This business has an amazing idea that boosts handymen.

Cape Town Events Calendar
October 2021
SUN MON TUE WED THU FRI SAT
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31

Norval_Foundation_Cape_Town_Athi-Patra_Ruga_installationOn at Norval Foundation

Athi-Patra Ruga’s iridescent art on black pioneers + more in Sculpture Garden

Southern_Guild_Cape_Town_South_Africa_Rich_Mnisi_NyokaOn at the Southern Guild

Free: See fashion prodigy Rich Mnisi’s bewitching furniture exhibition

Golf GTI 8 (Cape Town Poster)Ready, set, GO! Claim your ticket to ...

Game your way to a free ticket to new Golf 8 GTI launch in October

Kite Festival 2021_OctopusThe sky’s the limit at this annual ...

Kite-making, discussions + kite displays at 2021 Kite Festival

Uber Go Cape Town We asked you where you would go with a ...

Your answers were delightful (plus Uber Go explained)

Wolfkop Camping Villages and Nature ReserveWolfkop holiday specials: glamp for up ...

Plus 9 activities also at half-price: bodyboard the Olifants, hike, see rock paintings ...

Escape Room Game Cape TownPlay Cape Town’s original Live Escape ...

The door closes. You have 60 minutes to get out...

Wonderdal Tree of Light Have the birthday party your child ...

Includes a colourful Amuki cake, party bag + 7 edu-zones to explore

Oasis Association Claremont coffee shopDo Good

3 ways to do it at Oasis: shop, donate or take your recycling there

Samadhi HouseUber luxury Cape Town villa at an ...

House, cottage, tennis court, gym, pool + incredible views at an excellent special

Maker's LandingMaker’s Landing, the Waterfront’s ...

Cakes too beautiful to eat, short rib dumplings and gorgeous harbour views

Zsa Zsa Cape Town Craving a wild night out? Zsa Zsa Cape ...

Nightly live performances, theatrical cocktails + decadent menu

Leopards LeapLeopards Leap serves succulent ...

It’s family friendly, has a harvest table, plus there’s a big lawn to play on

Beach barA beach bar in Paarl!

Pizza, beach vibes, cocktails, and stunning views, the recipe for a perfect day

LeMottetastingVirtual and on-site wine tastings at ...

Or do this specialised La Motte wine-tasting virtually

You’ll find plenty of wooden crafts there, including these items made out of old wine barrels. Image: Capetownmagazine.com
Hermanus Country Market

5 good reasons to go

GiveawaysTravel Tips